The 2017 Ferrari 488 Spider is a mid-engine, rear-wheel-drive convertible sports car, evolving from the 458 Spider. Its retractable hardtop distinguishes it. Available only in one main trim, it offered various customization options. New, it ranged from approximately $275,000 to well over $300,000 depending on configurations. The 488 Spider is popular for its stunning performance, exhilarating driving experience, and iconic Ferrari styling, combined with the open-air thrill of a convertible.
The Good
The 2017 Ferrari 488 Spider boasts phenomenal performance thanks to its turbocharged V8. Its striking design evokes passion, while improved reliability compared to older Ferraris provides peace of mind. While not the most efficient, it offers a relatively comfortable ride for a supercar. Although expensive, the Ferrari badge holds strong value, appealing to both emotional desires and a sense of investment.
The Bad
The 2017 Ferrari 488 Spider's weaknesses include potentially high maintenance costs. Watch out for carbon ceramic brake wear, which can be expensive to replace. Turbo lag, though minimized, is still present. The infotainment system is dated compared to newer vehicles. Excessive customization can negatively impact resale value if not to the taste of future buyers.
2017 Ferrari 488 Spider: Quick Overview
- Engine: 3.9L Twin-Turbocharged V8
- Horsepower: 661 hp @ 8,000 rpm
- Torque: 561 lb-ft @ 3,250 rpm
- Transmission: 7-speed dual-clutch
- Fuel Economy (EPA est.): 16 mpg city / 22 mpg highway
- 0-60 mph: Approximately 3.0 seconds
- Top Speed: 202 mph
- Towing Capacity: Not Applicable
- Trim-Level Features:
- Retractable hardtop convertible
- Carbon-ceramic brakes
- Adaptive suspension
- Electronic limited-slip differential
- Dual-zone automatic climate control
- Leather upholstery
- Navigation system
- Bluetooth connectivity
- Rear parking sensors
- Manettino dial (driving mode selector)
- Launch control
- Side slip angle control
- Numerous customization options for interior and exterior finishes
2017 Ferrari 488 Spider Specifications
Vehicle Information
| Year | 2017 |
| Make | Ferrari |
| Model | 488 Spider |
| Trim | - |
| Style | - |
| Type | Convertible |
| Category | Compact Car |
Manufacturing Details
| Made In | Italy |
| Manufacturing City | MARANELLO |
Dimensions
| Doors | 2-Door |
| Curb Weight | - |
| Gross Vehicle Weight Rating | - |
| Overall Height | - |
| Overall Length | - |
| Overall Width | - |
| Wheelbase Length | - |
| Standard Seating | - |
Engine & Performance
| Engine | 3.9-L V-8 |
| Engine Size | 3.9L |
| Engine Cylinders | 8 |
| Transmission | 7-Speed Automatic |
| Transmission Type | Automatic |
| Transmission Speeds | 7-Speed |
| Drivetrain | Rear-Wheel Drive |
Additional Features
| Anti-Brake System | - |
| Steering Type | - |
Pricing
| Manufacturer Suggested Retail Price (MSRP) | - |
| Invoice Price | - |
| Delivery Charges | - |
Vehicle History Report
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What Problems Does the 2017 Ferrari 488 Spider Have?
The 2017 Ferrari 488 Spider is generally considered more reliable than older Ferrari models, but some potential issues and concerns exist.
Frequently reported problems can include issues with the exhaust manifold, which, in some instances, has been known to crack. Carbon ceramic brake wear is a significant concern due to the high replacement cost. Some owners have reported minor electrical glitches or sensor malfunctions, although these are not widespread.
Recalls have been issued for the 488 range, including potential fuel leak issues stemming from improperly manufactured fuel lines. Checking the vehicle's recall history is crucial before purchase. Additionally, there have been recalls related to airbag deployment.
Long-term reliability concerns center around the complexity of the twin-turbocharged engine and the advanced electronics. Maintaining proper fluid levels, adhering to service intervals, and avoiding aggressive driving from a cold start are crucial for long-term durability. The dual-clutch transmission, while offering lightning-fast shifts, also requires specialized maintenance to ensure longevity.
It's also essential to inspect the retractable hardtop mechanism for smooth operation and any signs of wear or damage, as repairs can be costly. Pre-purchase inspections by a qualified Ferrari technician are highly recommended to identify any potential issues before committing to a purchase.
Frequently reported problems can include issues with the exhaust manifold, which, in some instances, has been known to crack. Carbon ceramic brake wear is a significant concern due to the high replacement cost. Some owners have reported minor electrical glitches or sensor malfunctions, although these are not widespread.
Recalls have been issued for the 488 range, including potential fuel leak issues stemming from improperly manufactured fuel lines. Checking the vehicle's recall history is crucial before purchase. Additionally, there have been recalls related to airbag deployment.
Long-term reliability concerns center around the complexity of the twin-turbocharged engine and the advanced electronics. Maintaining proper fluid levels, adhering to service intervals, and avoiding aggressive driving from a cold start are crucial for long-term durability. The dual-clutch transmission, while offering lightning-fast shifts, also requires specialized maintenance to ensure longevity.
It's also essential to inspect the retractable hardtop mechanism for smooth operation and any signs of wear or damage, as repairs can be costly. Pre-purchase inspections by a qualified Ferrari technician are highly recommended to identify any potential issues before committing to a purchase.
How long will the 2017 Ferrari 488 Spider last?
Given its nature as a performance vehicle, the 2017 Ferrari 488 Spider typically sees lower average annual mileage compared to daily drivers. Many are driven sparingly, often accumulating under 5,000 miles per year. With meticulous maintenance, these cars can provide reliable service for many years. However, long-term durability hinges on consistent upkeep. Weaknesses over time may include wear on the carbon-ceramic brakes, potential turbocharger issues, and aging of electronic components. Proper storage during off-seasons is crucial to prevent issues related to disuse.
What Technology & Safety Features are Included?
The 2017 Ferrari 488 Spider prioritizes the driving experience over extensive tech and safety features.
Built-in tech includes a basic infotainment system with navigation, Bluetooth connectivity, and a USB port. The system is functional but considered dated compared to contemporary offerings. The instrument cluster features a prominent tachometer and digital displays for vehicle information.
Entertainment features are minimal, focusing on delivering the raw sounds of the engine. Optional premium audio systems were available for enhanced sound quality.
Driver-assistance features are limited but include features like traction control, stability control, and ABS. Rear parking sensors were standard, with optional front parking sensors and a rearview camera available. These systems primarily enhance maneuverability in tight spaces.
Safety features include standard airbags, seatbelt pretensioners, and a robust chassis designed to withstand impacts. However, the 488 Spider was not crash-tested by major safety organizations like NHTSA or IIHS, which is common for low-volume, high-performance vehicles.
Optional features included various interior and exterior trim customizations, upgraded audio systems, and performance-enhancing components like a suspension lifter system to navigate speed bumps. The focus remains on providing a pure and engaging driving experience, with tech and safety features taking a backseat.
Built-in tech includes a basic infotainment system with navigation, Bluetooth connectivity, and a USB port. The system is functional but considered dated compared to contemporary offerings. The instrument cluster features a prominent tachometer and digital displays for vehicle information.
Entertainment features are minimal, focusing on delivering the raw sounds of the engine. Optional premium audio systems were available for enhanced sound quality.
Driver-assistance features are limited but include features like traction control, stability control, and ABS. Rear parking sensors were standard, with optional front parking sensors and a rearview camera available. These systems primarily enhance maneuverability in tight spaces.
Safety features include standard airbags, seatbelt pretensioners, and a robust chassis designed to withstand impacts. However, the 488 Spider was not crash-tested by major safety organizations like NHTSA or IIHS, which is common for low-volume, high-performance vehicles.
Optional features included various interior and exterior trim customizations, upgraded audio systems, and performance-enhancing components like a suspension lifter system to navigate speed bumps. The focus remains on providing a pure and engaging driving experience, with tech and safety features taking a backseat.
What Colors Options are Available?
Exterior Colors
Rosso Corsa
Giallo Modena
Blu Corsa
Nero
Bianco Avus
Rosso Dino
Argento Nurburgring
Grigio Titanio
Rosso Mugello
Blu Pozzi
Interior Colors
Cuoio
Nero
Rosso Ferrari
Beige Tradizione
Cioccolato
Iroko
Bordeaux
Blu Sterling
Crema
Grigio Chiaro
2017 Ferrari 488 Spider Prices and Market Value
When new, the 2017 Ferrari 488 Spider had a base price around $275,000, but most were sold for significantly more due to extensive customization. Current used market prices range from approximately $200,000 to $300,000+, depending on mileage, condition, options, and history. Depreciation is relatively slow compared to other vehicles. Factors affecting resale value include low mileage, excellent condition, desirable color combinations, original MSRP (due to options), and a complete service history. Cars with rare or highly sought-after options tend to command higher prices.
2017 Ferrari 488 Spider Cost of Ownership
Owning a 2017 Ferrari 488 Spider is undoubtedly costly. Insurance premiums are high due to the car's value and performance. Fuel consumption is considerable, especially with spirited driving. Maintenance, including servicing the complex engine and transmission, is expensive. Repairs can be exorbitant, particularly for carbon ceramic brakes or specialized components. Long-term ownership necessitates a significant financial commitment; it's far from economical.
2017 Ferrari 488 Spider Fuel Efficiency
Fuel Type
Gasoline
Fuel Capacity
-
City Mileage
15 miles/gallon
Highway Mileage
22 miles/gallon
2017 Ferrari 488 Spider Recalls & Defects
AIR Bags:frontal:passenger Side:inflator Module
Recall date
2019-01-09
Recall no.
19v006000
Source
NHTSA
Summary
Ferrari North America (Ferrari) IS Recalling Certain 2014 Ferrari California, 2014-2015 Ferrari 458 Italia, 458 Spider, 2014-2016 Ferrari FF, 2014-2017 Ferrari F12, 2015-2018 Ferrari California T, 2015 Ferrari 458 Speciale A, 2016 Ferrari F60 America, 2016-2017 Ferrari F12 Tdf, 2016-2018 Ferrari 488 Gtb, 488 Spider, 2017-2018 Ferrari Gtc4lusso and 2018 Gtc4lusso T Vehicles Nationwide. These Vehicles ARE Equipped With Certain AIR BAG Inflators Assembled AS Part OF THE Passenger Frontal AIR BAG Modules Used AS Original Equipment or Replacement Equipment. IN THE Event OF A Crash Necessitating Deployment OF THE Passenger Frontal AIR Bag, These Inflators MAY Explode DUE TO Propellant Degradation Occurring After Long-term Exposure TO Absolute Humidity and Temperature Cycling.
Consequence
AN Inflator Explosion MAY Result IN Sharp Metal Fragments Striking THE Driver or Other Occupants Resulting IN Serious Injury or Death.
Remedy
Ferrari Will Notify Owners, and Dealers Will Replace THE Passenger Frontal AIR BAG Assembly, Free OF Charge. THE Recall Began March 8, 2019. Owners MAY Contact Ferrari Customer Service AT 1-866-551-2828. Ferrari's Number FOR This Recall IS 65.
Notes
Owners MAY Also Contact THE National Highway Traffic Safety Administration Vehicle Safety Hotline AT 1-888-327-4236 (Tty 1-800-424-9153), or GO TO Www.safercar.gov.
Service Brakes, Hydraulic
Recall date
2021-10-23
Recall no.
21v833000
Source
NHTSA
Summary
Ferrari North America, Inc. (Ferrari) IS Recalling Certain 2010-2015 458 Italia, 2012-2015 458 Spider, 2014-2015 458 Speciale, 2015 458 Speciale Aperta, 2016-2019 488 Gtb, and 488 Spider Vehicles. THE Brake System MAY Leak Brake Fluid, Resulting IN A Loss OF Braking Ability.
Consequence
Loss OF Braking Ability Increases THE Risk OF A Crash.
Remedy
Dealers Will Replace THE Brake Fluid Reservoir CAP and Update THE Software, AT NO Charge. Owner Notification Letters Were Mailed ON March 4, 2022. Owners MAY Contact Ferrari Customer Service AT 1-201-816-2668. Ferrari's Number FOR This Recall IS 78.
Notes
Owners MAY Also Contact THE National Highway Traffic Safety Administration Vehicle Safety Hotline AT 1-888-327-4236 (Tty 1-800-424-9153), or GO TO Www.nhtsa.gov.
2017 Ferrari 488 Spider Warranty
Basic
Original warranty
0 months / No data
Estimated remaining
Expired
Powertrain
Original warranty
0 months / No data
Estimated remaining
Expired
Rust
Original warranty
0 months / No data
Estimated remaining
Expired
2017 Ferrari 488 Spider Insurance
Insurance for a 2017 Ferrari 488 Spider is moderately priced, reflecting its status as a Convertible with strong safety ratings and
reasonable repair costs.
reasonable repair costs.
How Does the 2017 Ferrari 488 Spider Compare to Other Convertible?
The 2017 Ferrari 488 Spider competes with cars like the McLaren 650S/675LT Spider, Lamborghini Huracan Spyder, and Porsche 911 Turbo S Cabriolet.
Performance: The 488 Spider delivers comparable, if not slightly superior, performance to its rivals in acceleration and handling. The McLaren offers similar levels of excitement. The Porsche 911 Turbo S is known for its all-weather capability.
Features: The Ferrari lags behind in infotainment technology compared to the Porsche. The McLaren emphasizes driver engagement over luxury, similar to the Ferrari.
Reliability: The 488 Spider is considered more reliable than some previous Ferrari models but still may not match the Porsche 911's reputation for reliability. The Lamborghini's reliability is generally on par with the Ferrari.
Price: All these vehicles are expensive, with prices varying based on options. The Porsche 911 Turbo S Cabriolet typically offers a slightly lower entry price.
Alternatives: If all-weather capability and a more modern infotainment system are priorities, the Porsche 911 Turbo S Cabriolet is a strong alternative. For a similar level of performance and driving excitement, the McLaren 650S/675LT Spider is worth considering, but potentially at a lower price point in the used market, with potentially higher maintenance costs. The Lamborghini Huracan Spyder offers a distinct, aggressive style.
Performance: The 488 Spider delivers comparable, if not slightly superior, performance to its rivals in acceleration and handling. The McLaren offers similar levels of excitement. The Porsche 911 Turbo S is known for its all-weather capability.
Features: The Ferrari lags behind in infotainment technology compared to the Porsche. The McLaren emphasizes driver engagement over luxury, similar to the Ferrari.
Reliability: The 488 Spider is considered more reliable than some previous Ferrari models but still may not match the Porsche 911's reputation for reliability. The Lamborghini's reliability is generally on par with the Ferrari.
Price: All these vehicles are expensive, with prices varying based on options. The Porsche 911 Turbo S Cabriolet typically offers a slightly lower entry price.
Alternatives: If all-weather capability and a more modern infotainment system are priorities, the Porsche 911 Turbo S Cabriolet is a strong alternative. For a similar level of performance and driving excitement, the McLaren 650S/675LT Spider is worth considering, but potentially at a lower price point in the used market, with potentially higher maintenance costs. The Lamborghini Huracan Spyder offers a distinct, aggressive style.
Ranks #1542 Sedan
| 1 | 2023 Toyota Camry | (5.0★) |
| 2 | 2023 Honda Accord | (0.0★) |
| 3 | 2023 Lexus ES | (0.0★) |
| 4 | 2024 Subaru Legacy | (5.0★) |
| 5 | 2022 Mazda MX-30 | (4.0★) |
| 6 | 2024 BMW M3 | (0.0★) |
| 7 | 2023 Ford Mustang | (5.0★) |
| 8 | 2023 Mercedes-Benz AMG GT | (0.0★) |
| 9 | 2023 Audi A3 | (0.0★) |
| 10 | 2023 Chevrolet Camaro | (5.0★) |
| 11 | 2023 Hyundai Elantra Hybrid | (0.0★) |
| 12 | 2023 Nissan Altima | (4.0★) |
| 1542 | 2017 Ferrari 488 Spider | (0.0★) |
Final Verdict: Is the 2017 Ferrari 488 Spider a Good Convertible?
The 2017 Ferrari 488 Spider is ideal for enthusiasts seeking an exhilarating open-top driving experience with iconic Ferrari styling and performance. It's worth buying if you prioritize performance, brand prestige, and are prepared for high ownership costs. Buying used is generally more sensible due to initial depreciation. Look for well-maintained examples with complete service records and pre-purchase inspections. Avoid heavily modified cars unless the modifications are documented and performed by reputable shops. Consider carefully whether the open-top experience is truly a must-have to ensure it aligns with your typical use case.
Simon A
Simon is a contributor to VinCheck, where he provides articles and reviews on various automotive topics. His work focuses on delivering accurate and up-to-date information about used cars, helping readers make informed decisions.